As on Thursday, Enovix Corporation (NASDAQ: ENVX) got off with the flyer as it spiked 1.14% to $8.85, before settling in for the price of $8.75 at the close. Taking a more long-term approach, ENVX posted a 52-week range of $5.70-$18.68.
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The Industrials sector firm’s twelve-monthly sales growth has been 7.75% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.33%. This publicly-traded company’s shares outstanding now amounts to $167.39 million, simultaneously with a float of $157.53 million. The organization now has a market capitalization sitting at $1.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.97, while the 200-day Moving Average is $10.45.
Enovix Corporation (ENVX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Electrical Equipment & Parts industry. Enovix Corporation’s current insider ownership accounts for 16.38%, in contrast to 45.44% institutional ownership. According to the most recent insider trade that took place on Oct 14 ’24, this organization’s Chief Legal Officer sold 35,000 shares at the rate of 13.00, making the entire transaction reach 455,000 in total value, affecting insider ownership by 343,305.
Enovix Corporation (ENVX) Earnings and Revenue Records
Enovix Corporation’s EPS increase for this current 12-month fiscal period is 7.33% and is forecasted to reach -0.63 in the upcoming year.
Enovix Corporation (NASDAQ: ENVX) Trading Performance Indicators
Let’s observe the current performance indicators for Enovix Corporation (ENVX). It’s Quick Ratio in the last reported quarter now stands at 3.61. The Stock has managed to achieve an average true range (ATR) of 0.89. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 80.39.
In the same vein, ENVX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.62, a figure that is expected to reach -0.19 in the next quarter, and analysts are predicting that it will be -0.63 at the market close of one year from today.
Technical Analysis of Enovix Corporation (ENVX)
Through scrutinizing the latest numbers posted by the [Enovix Corporation, ENVX], it can be observed that its last 5-days Average volume of 5.57 million was lower the volume of 5.66 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 37.98% While, its Average True Range was 0.87.
Raw Stochastic average of Enovix Corporation (ENVX) in the period of the previous 100 days is set at 13.32%, which indicates a major fall in contrast to 20.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 108.27% that was higher than 93.67% volatility it exhibited in the past 100-days period.
